CSCharityScored
74

Newgate Education & Research Center Inc

Education · Minneapolis, Minnesota

2900 E Hennepin Ave, Minneapolis, MN 55413-2918

EIN: 411261358· Founded: Mar 1976· 50 years active· Filing Year: 2024

Annual Revenue

$4.1M

Total Expenses

$4.2M

Total Assets

$5.5M

Program Spending

58%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$100K

2.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$869K

Total Payroll

$969K

23% of total expenses

Where the Money Goes

58%
Programs: 58%
Payroll: 23%
Other overhead: 42%
Program Revenue$2.4M (59%)
Total Expenses$4.2M (100%)
Payroll$969K (23%)
Overhead (non-program)42%

Trust Score Breakdown

Program Spending Ratio

58% of expenses go to programs

40%

Revenue & Stability

$4.1M annual revenue

15%

Executive Compensation

$100K total officer comp (2.4% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$5.5M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.